News Flash

The International Bunker Industry Association (IBIA) is delighted to announce the appointment of Alexander Prokopakis as its new Executive Director....

The European Union vowed to drastically cut imports of gas from Moscow over its invasion of Ukraine but data shows...

Iron ore futures rallied on Thursday to their highest in five weeks, underpinned by better-than-expected economic data and the latest...

Crude continues its winnng streak Crude oil prices extended higher over the past 24 hours, continuing a near-term winning streak...

Middle East crude benchmarks Oman and Murban fell in the last trading session in August as trades winded down, but...

The Baltic exchange’s main sea freight index tracing rates for ships ferrying dry bulk commodities recorded its first monthly decline...

Global rice exports could fall by at least 4% in 2023 because of India’s restrictions on exports and El Niño’s...

Russian Deputy Prime Minister Alexander Novak said on Wednesday that Russia may extend oil export cuts to the month of...

Bidders for HMM Co., South Korea’s top shipping company, have been shortlisted to LX Group, Harim Co., and Dongwon Industries...

Russian Foreign Minister Sergei Lavrov and Turkish counterpart Hakan Fidan will discuss a proposal by Moscow for an alternative to...

OceanPal Inc., a global shipping company specializing in the ownership of vessels, announced that the Company today agreed to become...

Russian Urals oil and Kazakhstan’s KEBCO loadings from Russia’s Baltic ports of Primorsk and Ust-Luga will jump to 2.2 million...

Today the Government of Panama reenforced that Panama remains open for business despite misinformation spread on social media this past...

Asia’s 180-cst high sulfur fuel oil (HSFO) market retreated on Wednesday as a lower offer emerged. The cash differential for...

At least 30 commercial ships dropped anchor on Wednesday around Gabon’s waters after military officers said they had seized power...

The lowest free-on-board (FOB) offer presented at an Egyptian state purchasing tender for wheat on Wednesday was $259.42 per metric...

Oman LNG has signed agreements with Shell International Trading Middle East and Oman’s OQ trading to produce and distribute more...

The Baltic Exchange’s main sea freight index declined on Wednesday, as lower rates for capesizes outweighed gains in smaller vessel...

In a shock-prone world, economies must be more resilient—individually and collectively. Cooperation is critical, but greater protectionism could lead to...

Middle East crude benchmarks Oman and Murban fell on Tuesday as traders concluded trades for this month and waited for...